Current Affairs Related to Trade and Industry

Trade and Industry Quiz

1) As per the advanced estimates of CSO for the year 2011-2012, the GDP growth rate has been estimated as-

a) 7.6%

b) 6.9%

c) 6.4%

d) 6.1%

Ans b

2) The Primary growth in advance estimates for 2011-12 was 2.5% which was ............. in 2010-11-

a) 5.4%

b) 6.4% 

c) 7.0%
d) 7.3%

Ans c

3) 'Sensitive Sector' as defined by RBI includes-

a) Capital market

b) Real Estate

c) Commodities

d) All of the above

Ans d

4) PMEAC has revised its GDP growth estimates for 2011-12 to 7.1% and projected GDP growth for 2012-13 at-

a) 7.0% - 7.4%

b) 7.5% - 8.0%

c) 8.1% - 8.3%

d) 8.5 % 

Ans b

5) The newly Launched CPI-based inflation for Jan 2012 on Point to Point basis is 7.65%. This inflation has the base year-

a) 2004

b) 2006

c) 2008

d) 2010

Ans d

6) The new Chairman of FICCI( Federation of Indian Chamber of Commerce and Industry )  Who took charge in Jan 2012 is-

a) Harsh Mariwala

b) R.V.Kanoria

c) Naina lal Kidwai

d) Siddharath Birla

Ans b

7) As Per the advance estimates of CSO, the estimates growth  rate in tertiary( Service) sector for 2011-12 is-

a) 8.6% 

b) 9.0% 

c) 9.4% 

d) 9.8% 

Ans c

8) Which of the following Sector show the negative growth in the advanced estimates of CSO for the year 2011-12

a) Mining and Quarrying

b) Agriculture and Fisheries

c) Manufacturing

d) Electricity, Gas and water Supply

Ans a

9) Which organization is meant to ensure exports from India

a) EXIM Bank

b) ECGC

c) Ministry of Commerce

d) None of the above

Ans b

10) Which of the following is considered lending for Promotion of Exports?

a) Packing Credit

b) Overdraft

c) Cash Credit Account

d) Bill Discounting

Ans a

11) Which of the following major Part in India Celebrated its golden Jubilee in Jan 2012 ?

a) Kolkata / Haldia Port

b) Paradeep Port

c) Vishakhapatnam Port

d) Kandla Port

Ans b

12) As per India state of Forest Report 2011, the state having the Max forest area is-

a) Arunachal Pradesh

b) Rajasthan

c) Madhya Pradesh

d) Uttar Pradesh

Ans c

Posted in: bank exam,current affairs 2012,Industry,trade